Watched it last night before posting! Vince what do you think about gold backing long dated treasuries? The case made by Miles Franlkin ( lucky dog hiring Makori...), the odd connection of people in the administration, the recent stablecoin laws, Tether, etc?!......
There is a lot of talk about that and I think it’s a great idea. Unfortunately I don’t think it will happen. I hope I’m wrong. But I kind of look like it is not something our government would do because it would only cheap in our regular debt
It does seem like a great idea. Appreciate the comments, and your never wavering constant coverage. I do hope though you get to break off from time to time and jam that bad ass Les Paul every now and then though....
What is "behind" the "dollar?" Treasury debt. What is surety for the debt? The "full faith and credit of the United States." What the hell is that? The ability to tax? So the "labor and assets of the taxpayer are the surety?"
Gold is the currency of kings. Silver is the currency of gentlemen. Barter is the currency of peasants. Debt is the currency of slaves. Since 1933 the currency of the United States has been debt.
Watched it last night before posting! Vince what do you think about gold backing long dated treasuries? The case made by Miles Franlkin ( lucky dog hiring Makori...), the odd connection of people in the administration, the recent stablecoin laws, Tether, etc?!......
https://www.youtube.com/watch?v=JYkeP0S_cXQ&t=1809s
There is a lot of talk about that and I think it’s a great idea. Unfortunately I don’t think it will happen. I hope I’m wrong. But I kind of look like it is not something our government would do because it would only cheap in our regular debt
It does seem like a great idea. Appreciate the comments, and your never wavering constant coverage. I do hope though you get to break off from time to time and jam that bad ass Les Paul every now and then though....
What is "behind" the "dollar?" Treasury debt. What is surety for the debt? The "full faith and credit of the United States." What the hell is that? The ability to tax? So the "labor and assets of the taxpayer are the surety?"
Gold is the currency of kings. Silver is the currency of gentlemen. Barter is the currency of peasants. Debt is the currency of slaves. Since 1933 the currency of the United States has been debt.
Good video Vince...
F.y.i....Silver oz is mined at 7 x gold oz...as per Kieth Neumeyer - First Majestic....
Right. 15 to 1 occurring.
7 to 1 mined.
Thanks